Gold, Silver Rate Today: Geopolitical tensions continue to linger
“Gold traded positive with prices near $5,180, gaining about 0.50%, while MCX Gold rose by ₹1,300 to around ₹1,61,000. The easing in crude oil prices and a weaker dollar supported the uptick in bullion.
However, geopolitical tensions continue to linger and crude price movements will remain a key factor influencing sentiment. For now, gold is expected to trade in a range of ₹1,58,000–₹1,64,000 on MCX, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.
14:58 (IST) Mar 10
Gold, Silver Rate Today: Gold: up as Dollar eases
Spot gold is currently moving inversely to the US Dollar Index. The moves are more about Dollar gyrations rather than safe haven demand.
Yesterday, the metal closed with a loss of around 0.60% at $5139 as the Dollar Index eased on on the US President Trump’s comments that Iran was nearly very complete, which dragged oil sharply lower . In addition, possibility of G7 nations releasing crude oil from their respective strategic reserves weighed further on oil prices. Decline in oil prices has reduced safe haven demand for Dollar, which is benefitting gold.
Gold needs to take out immediate resistance around $5200 to challenge the next hurdle around $5250/$5280. Support is at $5100, says Praveen Singh Head of commodities and currencies at Mirae Asset ShareKhan.
13:48 (IST) Mar 10
Gold, Silver Rate Today: MCX Gold rises
Gold prices advanced by Rs 1,853 to reach Rs 1.62 lakh per 10 grams in futures trading on Tuesday, supported by a softer US dollar and improving global market sentiment that boosted demand for the safe-haven asset.
Data from the Multi Commodity Exchange showed that gold contracts for April delivery rose by Rs 1,853, or 1.16 per cent, to Rs 1,62,152 per 10 grams, with a trading volume of 7,355 lots.
Market analysts said the precious metal recovered from losses recorded in the previous session after the US dollar weakened. The currency decline followed remarks by President Donald Trump indicating that the conflict with Iran might be approaching an end.
11:39 (IST) Mar 10
Gold, Silver Rate Today: What should investors do?
Abhishek Bhilwaria, an AMFI-registered mutual fund distributor at BhilwariaMF, told ET that investors should consider adopting a “buy on dips” approach in the current high-volatility market environment of 2026, particularly as gold and silver trade close to record levels.
To manage risk effectively, he advised investors to use Systematic Investment Plans (SIPs) or exchange-traded funds (ETFs) to gradually build positions and average out purchase costs. He also suggested that investments in precious metals should generally be limited to about 5–15 per cent of an overall portfolio to maintain balanced diversification.
According to him, any easing of the ongoing conflict could help alleviate worries about a war-driven surge in inflation. Lower inflation expectations may, in turn, reduce the likelihood of central banks raising interest rates, a scenario that typically supports non-yielding assets such as gold.
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10:38 (IST) Mar 10
Gold, Silver Rate Today: Gold, silver ETFs rise
Exchange-traded funds (ETFs) linked to gold and silver recorded strong gains of up to 7 per cent on the Multi Commodity Exchange (MCX) on Tuesday as prices of precious metals opened significantly higher. The rally was aided by weakness in the U.S. dollar after U.S. President Donald Trump suggested that the conflict in the Middle East could soon come to an end.
Among silver-based funds, Tata Silver ETF posted the sharpest rise, climbing about 10 per cent to reach an intraday high of Rs 26.74, compared with its previous closing level of Rs 25.06. Other ETFs in the same segment advanced roughly 4 per cent to 5 per cent.
In the gold ETF category, Zerodha Gold ETF led the gains on Tuesday, rising 3 per cent to touch a day’s high of Rs 25.72. Other gold-backed ETFs registered increases of around 1 per cent to 2 per cent, while some remained largely unchanged.